A. outflow of investing activities for assets and inflow of financing activities for bank loan
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THANZEELABEGAM ABDULKADER
DUBAI
United Arab Emirates
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Original Message:
Sent: 12-08-2017 10:56 AM
From: Christine Purelis
Subject: CMA Pop Quiz- Q208
CMA Pop Quiz: Are you preparing for the #CMA exam? Take our #CMAPopQuiz!
During the year, Deltech Inc. acquired a long-term productive asset for $5,000, and also borrowed $10,000 from a local bank. These transactions should be reported on Deltech's Statement of Cash Flow as:
a. Outflows for Investing Activities, $5,000; Inflows from Financial Activities, $10,000.
b. Inflows from Investing Activities, $10,000; Outflows from Financing Activities, $5,000.
c. Outflows for Operating Activities, $5,000; Inflows from Financing Activities, $10,000.
d. Outflows for Financing Activites, $5,000; Inflows from Investing Activities, $10,000.
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Christine Purelis
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